BBP babcock & brown power

The company is very likely to be worth more than it currently...

  1. 1,134 Posts.
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    The company is very likely to be worth more than it currently is, but agree - its just a question of when it will be realised.

    Was disappointed by the report in The Age the other day that stated: "BBP is hoping to make an announcement to its investors on the company's long-term future by the end of March, but that timetable could slip depending on the complexity of the bids involved. A spokeswoman described as "premature" the prospect of a swift conclusion to the review now being undertaken by BBP's board, saying the bidding process was still at an early stage"

    Took the chance to book a small gain on todays announcement. With bad news about BNB likely soon I didn't want to be left holding (even though BBP is seperate it will come in for a bit of stick due to market paranoia about debt).
 
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